ACCOUNTING(LL)
ACCOUNTING(LL)
7th Edition
ISBN: 9781119769736
Author: Kimmel
Publisher: WILEY
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Chapter 18, Problem 7BE
To determine

Prepare the CVP income statement.

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Titanium Industries used 6,200 labor hours (Driver) on Job #45. Total labor hours are 18,000. Assume Job #45 is the only job sold during the accounting period. What is the overhead applied in COGS if the total overhead applied is $126,000?
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